Financial Planning & Analysis Analyst

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world.

This position reports to:

Financial Planning & Analysis Manager

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Your role and responsibilities

In this role, you will have the opportunity to collect, analyze, and interpret financial data. Each day, you will update budgets and forecasting models and identify trends and problems. You will also showcase your expertise by communicating insights and collaborating with cross-functional teams to drive financial performance and optimize business outcomes.

The work model for the role is: onsite

This role is contributing to the CNELDS FP&A COE team in Xiamen, China.

You will be mainly accountable for:

• Support monthly financial report package preparation in closing period in accordance with the unified global strategy of Central Finance, consolidate and analysis financial data to track and assess performance against targets and benchmarks. Communicate to business on performance results and implications of presented reports.
• Provide business analytical services and support business decisions and actions by profitability analysis, cost & expense analysis of different dimension.
• Provide other management, operation performance KPI and ad-hoc reports and analysis based on business requirements.
• Conduct balance sheet review and valuation in general bad debt, warranty provisions, accrued /pre-paid expenses etc, support cash generation and NWC improvement by AR, AP, Inventory analysis.
• Facilitate budgeting and forecasting process by communicating guidelines, timetables and templates.
• Benchmarking of processes, tools, and solutions in order that further optimize and standardize controlling activities.
• Optimizes own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.
• Ensure processes and controls within own area of responsibility are designed and implemented in line with Group and business requirements and maintaining proper audit trail and documentation for future internal & external audits and reviews.
• Monitoring progress achievement and provide insight and analysis to support operational decision-making and Identifying issues and advise management on action plans and operational strategies to resolve.
• Responsible for the development of finance digital-related reports, follow up on customer needs, and provide professional suggestions.
• Align with team task assignments and scheduling as required by business needs.

Our team dynamics
You will join a dynamic, talented, high performing team, where you will be able to thrive.

Qualifications for the role

• Work with a strong sense of responsibility, curiosity and good work attitude.
• Strong cross function coordination skills, good teamwork spirit, problem-solving skill.  
• Good communication skill and working commitment.  
• Bachelor’s degree or above, major in Finance, Accounting, Economic or business administration.  
• Years of experience in similar role 5+ years, experience in manufacturing industry preferred.
• Excellent skill on MS Excel, Power point, priority for the data analytical tools such as VBA & the Microsoft Power BI
• Experience in SAP data analytical tools such as VBA & deep knowledge of the Microsoft Power Platform including Power Apps, Power Automate, Power BI
• English proficiency in reading and written, spoken is preferred.
• Good communication skills of of financial and business processes.

More about us

ABB's Distribution Solutions Division provides utility, industrial and commercial customers with safe, smart and sustainable technologies for the distribution of electricity. With ABB AbilityTM enabled digital solutions at its core, our extensive portfolio includes distribution automation products, switching, limiting, measuring and sensing devices, switchgear, modular substation packages, and related services. We look forward to receiving your application (documents submitted in English are appreciated). If you want to discover more about ABB, take another look at our website www.abb.com.

Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. That's why we welcome people from all backgrounds and experiences.

Ready to make an impact?

Apply today or visit https://www.abb.com to learn more about the impact of our solutions across the globe.